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Morocco's textile exports post 6.7% growth since 1994
Despite the various hardships in this decade (the Gulf War, European economic recession, tougher competition, consumption slump, Asian crisis...), Morocco's production and exports of textile have been on the rise and reached in 1998 a record figure of U.S $2.5 billion (24 billion DH).
Morocco, Economics, 4/10/1999
Moroccan fish professionals against EU accord renewal
Moroccan fisheries professionals on Friday unanimously opposed the renewal of the Moroccan-EU fisheries agreement, after its expiry in November 1999.
Morocco, Economics, 4/10/1999
Indian - Egyptian cooperation for producing irrigation pumps
Indian businessment are to implement many major joint projects with Egyptian businessmen during the coming period.
Egypt-India, Business, 4/10/1999
Palestinian development projects in Jerusalem
The board of directors of Jerusalem company for investment and construction completed a report including projects valued at $60 million.
Palestine, Economics, 4/10/1999
European market reduces in half Egyptian exports of peanuts
The European market's countries decided to halve their imports of Egyptian peanut for 45 months.
Egypt-European Union, Economics, 4/10/1999
25 Dutch businessmen visiting Egypt
25 businessmen from Holland are going to visit Egypt on April 20, representing companies working in technology, communications, energy, electric machines, banking services, transport, food, and shipping exports.
Egypt-Netherlands, Economics, 4/10/1999
Morocco's first bond issue in euros paid
Morocco's first bond issue, worth 138.7 million Euro (one billion FF), which was launched last March 22, was paid on April 9, it was officially announced in Rabat.
Morocco, Economics, 4/10/1999
Three Arab states in the international conference for businesswomen
Leila Khayat, head of the international corporation for businesswomen which is the conference's organizer, told ArabicNews.com that there are lots of investment fields to which Arab businesswomen have not paid attention
Regional, Economics, 4/9/1999
15 countries in the Mediterranean tourism market in Cairo
15 countries agreed to participate in the Mediterranean tourism and travel market that will be held in February.
Egypt-Regional, Economics, 4/9/1999
Selling the Egyptian government's shares in the joint banks
The Egyptian ministerial committee for privatization decided to resume selling the Egyptian government's shares in joint banks after a halt that lasted for more than 15 months.
Egypt, Business, 4/9/1999
US embassy in Cairo hails increase in Egyptian investments
The annual report released by the US embassy in Cairo confirmed the increase of investments obyf the Egyptian private sector in projects for navigation, communications, and aviation, in addition to the spread of working by the B.O.T (build-operate-transfer) system.
Egypt-USA, Economics, 4/9/1999
First Syrian plane to Libya on Saturday
The first Syrian air flight will arrive directly at Tripoli International Airport from Damascus tomorrow, following the suspension on Monday of the embargo imposed on Libya.
Syria-Libya, Economics, 4/9/1999
$114 million dollars in loans for Yemen
The International Monetary Fund announced that it will grant Yemen $114 million dollar in easy loans for economic reform projects to support Yemen's conversion to a market economy.
Yemen, Economics, 4/9/1999
Lebanon approves budget
Lebanon, Economics, 4/9/1999
Arab trade and industry chambers union meets in Lebanon
The Union of Arab Trade and Industry Chambers opened Thursday in Beirut a meeting to discuss the union's future action plan to enhance trade exchange and economic cooperation between Arab states.
Regional, Economics, 4/9/1999
Morocco to host next G-77 ministerial conference in September
Morocco will host next September the 9th ministerial conference of the Group of 77 to finalize agenda of the 10th UN Conference on Trade and Development.
Regional-Morocco, Economics, 4/9/1999
A 30 hectare zone near Casablanca allotted to French businessmen
Morocco, Business, 4/9/1999
Founding a new bloc for East African countries for stability and commerce
Egyptian diplomacy is currently pursuing activity to found an economic bloc for the countries of East Africa: Egypt, Eriteria, Ethiopia, Kenya, Sudan, Tanzania and Uganda.
Egypt-Regional, Economics, 4/8/1999
Morocco determined to create its own value-added jobs from fisheries sector
Khyari also underlined the government's resolve to ensure a rational use of its sea resources and to adopt an integrated strategy aimed at increasing the sector's value added through restructuring the fishing fleet, upgrading infrastructure and processing units and through improving the competitiveness of Moroccan fisheries companies and quality and marketing policies.
Morocco, Economics, 4/8/1999
300,000 participants for mobile phone services in Egypt
The total participants in the mobile phone services in Egypt increased to nearly 300,000 -- 210,000 for Mobinil net and 90,000 for Click Net (Misr Phone).
Egypt, Business, 4/8/1999
$147 Million in Egyptian exports to South Korea during 1997
Egyptian Minister of Trade Ahmed Goweili said that commercial and economic relations with South Korea positively developed during the last period, stating that Egyptian exports increased from $86.7 million in 1996 to $147.7 million in 1997, an increase of 70.4%, while Egyptian imports fell from $473.5 million in 1996 to $442.9) million in 1997, a drop of 6.5%.
Egypt-South Korea, Economics, 4/8/1999
French prime minister to visit Cairo in May
French Prime Minister Lionel Jospin is to arrive on Cairo on May 1 at the head of a delegation comprising 180 businessmen, including leaders of French companies, to take part in inaugurating the French fair "Expo France '99" held in Cairo, on May 2-9 at the Cairo International Conference Center.
Egypt-France, Economics, 4/8/1999
Natural gas from Qatar to Dubai
An official in the United Arab Emirates said on Wednesday that negotiations are currently underway between Qatar and the Emirate of Dubai to supply the Emirate with natural gas from Qatar.
Qatar-United Arab Emirates, Economics, 4/8/1999
Establishing a cooperation for refining petroleum in Egypt
A group of Egyptian investors decided to support the Egyptian banks in establishing a new corporation for petrochemicals and refining petroleum west of Alexandria, at a cost of $1.5 billion.
Egypt, Business, 4/8/1999
Foreign currency accounts do not exceed US $6.5 million in Syrian banks
Official sources in Damascus estimated that total foreign currency accounts in the Syrian state-run banks do not exceed US $6.5 million and number of account holders does not exceed 2,597 citizens, following two years of the decision taken by the government to open bank accounts to foreign currency.
Syria, Economics, 4/8/1999
Joint exhibition for Arab Gulf states in Kazakhistan
Chairman of the Omani Chamber of Commerce and Industry Salem Bin Helal al-Khalili said that the joint exhibition of the Arab Gulf states will be held in Kazakhstan on May 11 - 15 for the first time outside the Gulf Cooperation Council member states.
Gulf-Kazakhstan, Economics, 4/8/1999
Fair for Iranian products in Jeddah
An Iranian trade fair is currently being held in Jeddah, with the participation of 145 Iranian companies and corporations that present Iran's most modern economic and consumer products.
Saudi Arabia-Iran, Economics, 4/8/1999
Talks between Egypt and Libya for air trips
Egypt and Libya started taking procedures to restart airline service between the two countries after the lifting of the air embargo imposed as part of UN sanctions.
Egypt-Libya, Economics, 4/8/1999
Moroccan computing and telecom show opens in Casablanca
Morocco's computing and telecom show, "SIT'EXPO 99" opened its doors Wednesday in Casablanca with the participation of 103 Moroccan and foreign professional exhibitors displaying their latest multimedia innovations and computer products.
Morocco, Business, 4/8/1999
Syria prepares for flights to Libya
Syria-Libya, Economics, 4/8/1999
Syrian premier confers with UNFP director
Syria-International, Economics, 4/8/1999
Bahrain joins international labor agreement
Bahrain, Economics, 4/8/1999
In its annual report, ALO stresses increased unemployment in the Arab states
The annual report released by the Arab Labor Organization stressed that the volume of the Arab labor force this year reached 86.5 million and the number will reach in the year 2010 123 million.
Regional, Economics, 4/7/1999
Libya to join European - Mediterranean partnership
It is expected that Libya will become the 28th member of the European - Mediterranean partnership known as the Barcelona declaration countries, as an result of the recent Libyan position toward the Lockerbie problem.
Libya-Regional-European Union, Economics, 4/7/1999
700 Companies in Abu Dhabi international exhibition
Abu Dhabi is hosting from April 12 - 17 its fifth international exhibition under the auspices of Sheikh Khalifa Bin Zayed al-Nahyan, crown prince of Abu Dhabi.
United Arab Emirates, Economics, 4/7/1999
Washington is ready to alleviate Morocco's debts
A U.S. congress delegation, led by Benjamin Gilman, chairman of the international relations committee, said Tuesday here that Washington is ready to alleviate Morocco's debts, rev up trade exchanges and increase US investments in Morocco.
Morocco-USA, Economics, 4/7/1999
Egyptian buys 40% of Swiss company's shares
The Egyptian businessman, Ahmed Balbah who owns the Balbah Group for Tourist Investments bought 40% of the shares of the Swiss company Managementin, with one million Swiss francs in capital.
Egypt, Business, 4/7/1999
Egypt plans to build tunnel under Suez Canal
Egypt said it is projecting to build a tunnel under the Suez canal, for an investment of us$ 330 million, to service an industrial area of the Tafria port.
Egypt, Economics, 4/7/1999
Establishing Egyptian - Korean business council
A business delegation representing South Korea will visit Cairo to discuss establishing joint industrial and investment projects with Egyptian businessmen as well as benefiting from the Korean experience in advanced technology.
Egypt-South Korea, Economics, 4/7/1999
Italian commercial delegation in Cairo
Egypt-Italy, Economics, 4/7/1999
Moody's report upbeat about Morocco's economic prospects
Morocco's long-term foreign currency ceiling incorporates the government's strong commitment to sound economic policy, says "Moody's Investors Service" in its annual report on Morocco.
Morocco, Economics, 4/7/1999
Saudi FM confers with US Marathon Oil company
Saudi Arabia-USA, Business, 4/6/1999
Egypt, Holland to endorse agreement to ban double taxation
Egyptian Minister of Trade and Supply Ahmed Goweili is to meet with his Dutch counterpart, Gerrit Ybema, on April 19. The Dutch minister will is due to visit Egypt in the period from April 18 - 23 at the head of Dutch business delegation.
Egypt-Netherlands, Economics, 4/6/1999
Jordan announces breakthrough in Jordanian-Israeli water problem
A Jordanian official said on Tuesday that there has been a "clear breakthrough" in the water problem between Jordan and Israel, MAP reported.
Jordan-Israel, Economics, 4/6/1999
Experts expect oil boom in Libya
Libya's turnover of two suspects in the 1988 Lockerbie plane downing is likely to attract major international oil companies
Libya, Economics, 4/6/1999
Beirut to host fifth conference for Arab capital markets
The Lebanese capital, Beirut, is going to host the fifth conference for Arab capital markets from May 15 - 18 under the patronage of Lebanese Prime Minister Salim al-Hoss with the participation of economy and finance ministers, governments of Arab central banks, chairmen of banks and investment funds, Arab and foreign financial corporations, experts, businessmen and investors.
Regional, Economics, 4/6/1999
Jordan imports potable water
The Jordanian government has permitted imports of mineral water in compliance of an importation license issued by the Jordanian Ministry of Industry and Trade.
Jordan, Economics, 4/6/1999
Founding an international trade company for the Group of 8 Developing Islamic Countries
The meetings of trade experts for the Group of 8 Developing Islamic Countries countries, including Nigeria, Turkey, Pakistan, Iran, Bangladesh, Malaysia, Indonesia and Egypt in addition to representatives of International Trade Center in Geneva, the Islamic Development Bank in Jeddah and the Islamic Trade Corporation in Bahrain.
Egypt-International, Economics, 4/6/1999
Morocco's telecom workers on general strike April 13-15
Morocco, Economics, 4/6/1999
Rumors on Israeli purchases of instigated factories in Jordan
Jordan-Israel, Economics, 4/6/1999
Syria, UAE to establish free trade zone
The Syrian Ministry of the Economy and Foreign Trade has welcomed the proposal made by the UAE to sign an agreement providing for establishing a free zone area between the two countries.
Syria-United Arab Emirates, Economics, 4/5/1999
Morocco and Cote D'Ivoire sign cooperation accord in geology and oil prospecting
Morocco-Cote D'Ivoire, Economics, 4/5/1999
Trade deficit rises 43.1 percent reaching 45.2 billion pounds
The information center of the Egyptian Cabinet confirmed that the Egyptian trade balance recorded a deficit of 45.2 billion pounds during last year, an increase of 43.1% from 1997.
Egypt, Economics, 4/5/1999
Israel threatens Egypt's income from Suez Canal and Sumid petroleum pipeline
Israel started efforts that will negatively effect Egypt's income from the Suez Canal and Sumid pipeline for transferring petroleum to Europe.
Egypt-Israel, Economics, 4/5/1999
Morocco and Thailand sign agreement on merchant navy
Morocco and Thailand signed on Monday a cooperation agreement on merchant navy, a statement of the Moroccan ministry of transport and merchant navy announced.
Morocco-Thailand, Economics, 4/5/1999
Sudan aspires to improvement in relations with international corporations
Sudan, Economics, 4/5/1999
Arab businessmen meet in Morocco in May
Regional-Morocco, Business, 4/5/1999
Saudi - US oil
Saudi Arabia-USA, Business, 4/5/1999
Bahrain - private businesses
Bahrain, Business, 4/5/1999
Oman - electricity
Oman, Economics, 4/5/1999
Jordan - Iraq exports
Jordan-Iraq, Economics, 4/5/1999
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